Apr 1, 2012

How Much Is That Chametz In The Window?

Have you ever wondered about what goes on behind the scenes of the selling of our chametz to the non-Jew?

After it was previously discovered that the Arab who bought the chametz was really Jewish, as his mother had been a Jewish woman who had married an Arab, Hussein Jabbar, the new non-Jew to hold the position of buyer, reassures us that his mother is not a Jew and he is pure Arab. Jabbar is now going to be buying the chametz, and he already is the Arab who buys the State lands for the hetter mechira process prior to the shmitta year.

According to the report on Srugim, Jabbar will buy the chametz of the Jews of Israel for an estimated total of 150,000,000,000 NIS (that is 150 billion shekels!), while he will only put down a down payment of 100,000 NIS. If he does not come up with the balance by the end of Pesach, he will get his money back and he will return the chametz to the Jews Sounds like he paying far more than what Warren Buffet paid for the chametz of the Jews of Omaha.

Jabbar explains that during Pesach he goes down to the factories to take a look at the chametz he bought, but he does not actually take or use any of it.

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2 comments:

  1. AnonymousApril 01, 2012 7:33 PM

    How does that work? If he doesnt complete the sale by bringing the rest of the money, the sale should be null retroactively. Why is this legit?

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  2. Mordechai Y. ScherApril 02, 2012 6:21 AM

    Because it isn't "null retroactively". It was in effect and valid during the time up to his deadline. Same as if you buy a car or house on payments. It is yours, and you are solely responsible for it, up to the point when you default on the payments. You may alter it, sell it to another; just as long as you pay off the loan. If you default, it becomes repossessed. The sale isn't "null".

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